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Wall Street’s first prediction market ETFs were set to debut this week, but the Securities and Exchange Commission has paused the rollout and asked for more disclosures.
The delay hits as Robinhood Markets (NASDAQ:HOOD) prints record prediction market revenue, signaling investor demand for the same boom these ETFs are trying to package.
ETF issuers Roundhill Investments, Bitwise and GraniteShares filed in February for more than two dozen funds combined.
The 75-day window that lets ETFs go live automatically was due to expire this week, and Bloomberg ETF analyst James Seyffart had said last week the launches looked imminent.
Two Dozen Funds In Limbo
The three issuers have filed for more than …
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